Lumber increased 124.05 USD/1000 board feet or 22.55% since the beginning of 2025, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Lumber - values, historical data, forecasts and news - updated on March of 2025.

The price of lumber in the United States fluctuated widely over the last five years, from a low of 240 dollars per 1,000 board feet in January 2016 to a peak of over 1,500 dollars in April 2021. This overall increase has not been linear though, with, for example, lumber prices falling by around 50 percent between June and September 2018, and again between August and October 2020. The value fell again by around 75 percent between May and August 2021. As of the end of December 2024, the price of lumber stood at 550.5 U.S. dollars per thousand board feet. Which nations are at the forefront of lumber production? The production of lumber is dependent on the availability of forest resources, market demand, and technological advances. Sustainable forest management practices a continuous supply of timber, while economic factors and construction activity drive demand. Among the countries countries with the largest production of lumber were China and the United States. Other countries with a relatively high lumber production rate were Russia, China, and Brazil.

The price of lumbe has seen both an overall increase, and large amounts of volatility since 2019. From its low in early April 2020 to its peak in May 2021, the price per 1,000 board feet of lumber increased almost sevenfold, reaching 1,670 U.S. dollars. Yet, after reaching this peak the price then fell to below 500 U.S. dollars per 1,000 board feet in August 2021 before rising again to reach over 1,000 U.S. dollars in the beginning of 2022. Since then, the price per 1,000 board feet of lumber decreased overall, reaching 576 U.S. dollars as of January 29, 2025.

Explore the recent fluctuations in lumber prices measured in board feet, influenced by economic, environmental, and supply chain factors. Discover how the COVID-19 pandemic, tariffs, and trade policies have impacted these price dynamics and gain insights into future market trends.

Graph and download economic data for Producer Price Index by Commodity: Lumber and Wood Products: Lumber (WPU081) from Jan 1926 to Feb 2025 about wood, commodities, PPI, inflation, price index, indexes, price, and USA.

Explore the volatile landscape of lumber prices influenced by supply chain disruptions, demand fluctuations, tariffs, housing market trends, and sustainability concerns, as well as the impact of natural disasters and geopolitical factors shaping the industry in 2023.

Non-seasonal prices paid for softwood lumber in the United States have remained relatively stable in 2023, after reaching a peak in March 2022. While the price of softwood lumber in May 2021 was valued at over 581 index points, that figure dropped to 274 in September of that yar. The price of softwood veneer and plywood in the United States has also followed a similar trend.

Explore the volatility of lumber prices per 1000 board feet as of 2023, influenced by supply chain disruptions, demand in the housing sector, and economic conditions. Learn about past trends during the COVID-19 pandemic and current market adjustments amidst changing forestry practices and regulatory impacts.

Explore the complexities of lumber prices per board foot, influenced by market demand, supply chain challenges, trade policies, and economic conditions. Learn about the factors driving fluctuations and trends in the construction industry.

Graph and download economic data for Wholesale Price of Douglas Fir Lumber for Washington (M0439AUS000WAM289NNBR) from Jan 1913 to Dec 1924 about wood, wholesale, WA, price, and USA.

Explore the current trends in oak lumber pricing, influenced by factors like grade, oak type, and regional markets. Learn about the differences between red and white oak, and discover how economic and natural factors impact costs. Stay informed with insights into market conditions and price variations in 2023.

Explore the factors affecting narra wood prices, ranging from $10 to $30 per board foot, including quality, sustainable sourcing, and market demand. Understand how these elements impact this exotic hardwood's value and availability.

Explore the varying costs of white oak lumber per board foot in 2023, influenced by quality, thickness, location, and market dynamics. Discover how factors like premium grades, geographical proximity, and demand affect pricing in the lumber industry.

Explore the factors influencing lumber costs per board foot, including supply-demand dynamics, environmental policies, and economic conditions, and understand the market volatility seen during the COVID-19 pandemic and beyond.

Explore the factors influencing pine wood costs per board foot, including type, grade, and location, with prices ranging from $2 to $5 on average. Learn how supply and demand, processing, and certification can impact pricing.

Explore the factors influencing molave wood pricing in 2023, driven by its durability, scarcity, and demand for high-quality furniture. Learn about market fluctuations, regional variations, and the impact of sustainable sourcing on this premium timber.

Explore the factors affecting the price of Sapele wood, a popular choice for furniture and woodworking, including quality, sustainability, and market conditions. Learn about its uses, cost per board foot, and pricing variations for this African Mahogany family member.

The global wood pellets market is anticipated to witness a robust growth trajectory, expanding at a CAGR of 5.80% from 2025 to 2033. In 2025, the market was valued at USD 15.46 billion, and it is projected to reach USD 25.51 billion by 2033. This growth is primarily attributed to the rising demand for renewable energy sources and increasing government support for sustainable energy initiatives. Wood pellets, derived from compressed sawdust or wood chips, offer a clean and efficient alternative to fossil fuels, driving their adoption in heating systems and power generation facilities.Key drivers influencing the wood pellets market include growing environmental concerns, stringent government regulations on greenhouse gas emissions, and rising awareness about the benefits of biomass energy. Additionally, technological advancements in pellet production and combustion systems are further enhancing the efficiency and cost-effectiveness of wood pellets. The commercial and industrial sectors are expected to be the major end-use segments for wood pellets, driven by the increasing adoption of biomass-based heating systems and combined heat and power (CHP) plants. Geographically, North America and Europe are projected to remain the dominant markets for wood pellets, while Asia-Pacific is anticipated to exhibit significant growth potential due to the burgeoning demand for renewable energy sources in developing economies.The global wood pellets market is projected to reach $30 billion by 2026, growing at a CAGR of 10.2% during the forecast period. The market is driven by increasing demand for renewable energy sources, government incentives, and rising environmental concerns. Recent developments include: April 2021: Enviva, a global renewable energy company specializing in sustainable wood bioenergy, and Mitsui OSK Lines (MOL), a leading international marine transport group, signed an MoU agreement to develop and deploy an environmentally friendly bulk carrier., April 2018: The Westervelt Company announced plans to expand its lumber manufacturing capacity in South Alabama, the U.S. The new mill is expected to produce 250 million board feet of lumber annually.. Key drivers for this market are: Increasing demand for renewable energy sources

Government incentives

Rising environmental concerns

Growing demand from the industrial sector

Technological advancements. Potential restraints include: Competition from other renewable energy sources

Limited availability of sustainable wood resources

High production costs

Fluctuating prices of wood pellets. Notable trends are: Increasing use of wood pellets in the industrial sector

Development of new technologies to improve the production and efficiency of wood pellets

Growing demand for sustainable wood pellets

Expansion of the wood pellets market in new regions.

Explore the nuances of padauk wood pricing, influenced by factors such as origin, quality, and market demand. Learn about the differences between African and Burmese Padauk, and how sustainability and market dynamics affect costs in the woodworking industry.

Explore the factors affecting teak wood prices per board foot, ranging from $10 to $35, influenced by quality, sustainability, and market dynamics. Understand why this tropical hardwood, renowned for durability and resistance, commands high prices due to its limited geographic growth and the premium on certified plantation-grown teak.